HOUSTON, March 16, 2017 /PRNewswire/ -- Stratas Advisors, a leading global provider of market analytics and energy solutions, today announced its newest appointment as the strategic advisor to GasTechno Energy & Fuels (USA) LLC (GEF), a provider of turnkey gas-to-liquids (GTL) systems that utilize the patented and revolutionary, single-step GasTechno® mini-GTL® technology. GasTechno is used for capturing and processing onshore and offshore associated flare gas and stranded natural gas. Stratas Advisors' team of experts will partner with GasTechno Energy's executives to help identify growth within its targeted markets and further deploy and commercialize its technologies.
"We are always seeking to work with companies like GasTechno Energy & Fuels, which is leading the way in GTL technology to help customers capture value from their flared and stranded gas, meet emission compliance targets, and extend their profit margins," said John Paisie, Executive Vice President at Stratas Advisors. "Our consultants value partnerships like these and look forward to watching our market intelligence and strategic advice help maximize their business development."
After the recent deployment of GasTechno Energy & Fuels' first commercial-scale gas-to-liquids Mini-GTL® plant, Walter Breidenstein, CEO of GasTechno, is looking to Stratas Advisors as a resource for market intel and analytics within the GTL industry. With help from Stratas Advisors' strategic services, Breidenstein plans to further elevate the company's game-changing GasTechno® process, a patented, single-step process for economically converting methane directly into methanol at a small-scale.
"We have been evaluating multiple strategies for commercialization of GasTechno, and it has been hard to focus outside of gas flaring reduction in North Dakota," said Walter Breidenstein, CEO of GasTechno Energy & Fuels. "After my first discussion with the team at Stratas Advisors, I instantly saw qualified expertise in methanol, MTBE, NGLs, gas flaring, the oil shale developments, potential strategic partners, financing options, etc. It was the one-stop-shop consulting and advisory firm I've been seeking for years."
The GasTechno® process is designed to monetize small-scale sources of natural gas and associated gas from 50 thousand standard cubic feet per day (mscfd) to 30 million standard cubic feet per day (mmscfd). This niche market represents 80% of the global stranded and flared gas market. Stratas Advisors' knowledge of the natural gas sector and related sectors will help GasTechno identify partnerships, financing options and the next steps to expand its reach into this growing market.
About Stratas Advisors
Stratas Advisors, a Hart Energy company, is a leading global consulting and analytics provider for upstream, midstream and downstream energy markets and related sectors, such as automotive; transportation; power; petrochemicals and heavy industries. Stratas Advisors' team of experts provides data and strategic insights to companies seeking to understand key drivers shaping development. Stratas Advisors' consultants and analysts offer forward-looking perspectives to help energy decision makers leverage opportunities, mitigate risk and implement strategies. Stratas Advisors is headquartered in Houston with offices in Brussels and Singapore.
About GasTechno Energy & Fuels (USA) LLC
GasTechno Energy & Fuels (USA) LLC, a subsidiary of parent Gas Technologies LLC, has exclusively licensed advanced, revolutionary technologies for converting previously uneconomical sources of stranded natural gas and associated gas into high-value liquid fuels and chemicals. The company is headquartered in northern Michigan with operations focused in the United States and Canada. For more information, visit www.gastechno.com. Mini-GTL, Micro-GTL, Methanol-In-A-Box, Mini-GTL In A Box, GTL-In-A-Box and GasTechno are registered trademarks of Gas Technologies LLC.